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BASFY BASF SE (QX)

13.21
0.16 (1.23%)
Last Updated: 15:04:34
Delayed by 15 minutes
Name Symbol Market Type
BASF SE (QX) USOTC:BASFY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.16 1.23% 13.21 13.19 13.21 13.23 13.1704 13.18 68,397 15:04:34

BASF, Sinopec to Expand Production at Chinese Site

05/08/2021 9:41am

Dow Jones News


BASF (QX) (USOTC:BASFY)
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From May 2021 to May 2024

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   By Giulia Petroni 
 

BASF SE on Thursday said that it would further expand production capacity at its Verbund site in China along with state-controlled Sinopec Group.

The German chemicals company said it will expand several downstream chemical plants and build a new plant to support the local market. The plants are set to come on stream in 2023.

The site is operated by BASF-YPC Co., a 50-50 joint venture between BASF and Sinopec.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

August 05, 2021 04:37 ET (08:37 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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